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What is a centrally planned economy?
Limited Liability Company
A blend of organizational structures that offers the tax efficiencies of a partnership or sole proprietorship alongside the minimized personal financial risk characteristic of a corporation.
Business Organization
A legal entity formed to conduct business, such as a corporation, partnership, or sole proprietorship.
Wyoming
A state in the western United States known for its wide-open spaces, mountains, and national parks.
Uniform Limited Liability Company Act
A comprehensive statute that provides a legal framework for the formation, operation, and dissolution of limited liability companies (LLCs) in the jurisdictions that adopt it.
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